BMX - BeMax Resources

[It's Snake Pliskin]

Should see 46cents this week.....its a goer this one...looked at some technicals and its all go....money flow, volume, its all good.

Chicken you are the man.
Now I know why you pick the winners.
Like the avatar, too. :nuts:

 

[It's Snake Pliskin]

Hi ctp6360,

No I must confess, I don't look at anything more than a daily. I have tried to work with weekly charts and even glanced at monthly charts at one stage. I noted on a couple of the monthly charts of the sectors and indices that some actually showed the odd, reasonable Kangaroo tail where the roos actually jumped in the right direction.

A number of Bulkowski's chart patterns also require the chart to be viewed on a weekly. I am tending to give these a miss in my studies.

The way I read a chart is to look for really subtle hints. Things that you can only just see if one concentrates very hard. The weeklies lose all that subtlty and I only feel I am getting too broad a view of the overall picture and missing my all important subtle clues......sometimes it feels like detective work with a magnifying glass

Interesting stuff Ann!

 

[chicken]

Looks as if we will again have a higher opening...great stock this $1 by year end..I meant to say $1+ by year end

 

[Duckman#72]

Looks as if we will again have a higher opening...great stock this $1 by year end..I meant to say $1+ by year end

With all due respect Chicken.......I am beginning to think that your posts are the "Kiss of Death". I hope your increased interest in BMX doesn't stall the share price like SBM. If so.......on behalf of all BMX shareholders.........move along to your next stock please. Ha ha

In all seriousness.....just when this stock would benefit from a kick in the market we see red everywhere. It continually finds itself running uphill. It has to take a trick soon.

Duckman

 

[GreatPig]

I am beginning to think that your posts are the "Kiss of Death"

You mean the stocks become a bit hen-pecked?

GP

 

[Knobby22]

Did you hear the one about the hen, duck and pig?

 

[Bobby]

Well just did the True ratios again, looks like BMX are going to jump tomorrow up.
As before I'll be buying early on the offer, can't help myself as its like finding money do you bend over to pick it up ? or just walk on ?.

I may be wrong.

I think not .

Bob.

 

[77TRADER77]

BEMAX-A GREAT BUY AT 41 CENTS!!

Guys I was just going through the BMX Market Depth and looking at Postings here.
This afternoon I picked up my MX BIZ mag from Wynyard Station and guess what? YEP Ord Minnett Simon Coggins gives Bemax Resources NL the TIP OF THE DAY.
Looks like all the bunnies either panicked or profit took, but theyll still have to buy this great stock!
TRADERS read up on your BMX site.
Now BMX is in the ASX300 its only a matter of time before the Big players buy in to benefit from the Zircon sales now Illuka Resources has a dark cloud over it.
Bobby I dont know where you get your 'TRUE RATIOS' from but I know you're on the money KID. Market drops today and BMX? ROCK SOLID 'MONEY GREEN'

 

[GreatPig]

Market drops today and BMX? ROCK SOLID 'MONEY GREEN'

Green today???

Looks rather red to me.

GP

 

[Bobby]

Green today???

Looks rather red to me.

GP

Yep looks red tonight, think 77trader77 is getting excited about tomorrow.
Your thoughts GP about tomorrow ?

Bob.

 

[GreatPig]

Your thoughts GP about tomorrow ?

A **** of a busy day - software to write, project plans to update, research to undertake. It'll probably rain in the...

... oh, you mean for BMX?

Well I don't generally like to speculate, but since I'm holding, I should say Holders BEWARE! I've jinxed it!

While of course anything could happen, I think the huge up volume yesterday and relatively small down volume today are a good sign of more gains. As with the previous week, we could see a few days of small losses or gains as the price curves around against the new trend line, but hopefully then should continue to push up.

If I wanted to hazard some wave analysis, at which I'm an extreme novice, I might do it like this (attached). That would give the current run as combined wave 3's, which must be a good sign.

In the end though for me, I'll just continue to hold until I'm told to sell - or until I sell just before heading overseas on holiday. I'll probably hold a few shares over the couple of weeks odd I'm away, but I don't think BMX will be one of them no matter how well it's doing at the time.

Cheers,
GP

 

[Bobby]

A **** of a busy day - software to write, project plans to update, research to undertake. It'll probably rain in the...

... oh, you mean for BMX?

Well I don't generally like to speculate, but since I'm holding, I should say Holders BEWARE! I've jinxed it!

While of course anything could happen, I think the huge up volume yesterday and relatively small down volume today are a good sign of more gains. As with the previous week, we could see a few days of small losses or gains as the price curves around against the new trend line, but hopefully then should continue to push up.

If I wanted to hazard some wave analysis, at which I'm an extreme novice, I might do it like this (attached). That would give the current run as combined wave 3's, which must be a good sign.

In the end though for me, I'll just continue to hold until I'm told to sell - or until I sell just before heading overseas on holiday. I'll probably hold a few shares over the couple of weeks odd I'm away, but I don't think BMX will be one of them no matter how well it's doing at the time.

Cheers,
GP

Greetings GP ,
That start was funny : .
You have no idea whats going to happen, although you're somewhat positive on BMX .
My Strong advice is don't sell when you go overseas mate.
Just think how you may feel when its a $ something later this year ?.
Just have fun in the meantime.

Bob.

 

[BraceFace]

While of course anything could happen, I think the huge up volume yesterday and relatively small down volume today are a good sign of more gains. As with the previous week, we could see a few days of small losses or gains as the price curves around against the new trend line, but hopefully then should continue to push up.
GP

Do you think that the large volume yesterday may have been a lot of nervous investors who "missed" the last high and have hung on to their shares waiting for another high?
I'd be interested to hear Nick Radge's analysis of this one....

 

[It's Snake Pliskin]

Money was flowing out of it today just like it was flowing into it yesterday.
:twak: The amount of volume was the difference though.

 

[Bobby]

Money was flowing out of it today just like it was flowing into it yesterday.
:twak: The amount of volume was the difference though.

Hullo Snake,
Monday someone or some people bought up BMX at best, then all the rabbits jumped in. :sheep:
Tuesday only the rabbits traded.
Tomorrow someone or some people will will repeat this untill the rabbits get control again.

Bob.

 

[It's Snake Pliskin]

Hullo Snake,
Yesterday someone or some people bought up BMX at best, then all the rabbits jumped in. :sheep:
Tomorrow someone or some people will will repeat this untill the rabbits get control again.

Bob.

Well Bobby,

We`ll have to :whip those rabbits then heh.

 

[It's Snake Pliskin]

Did you hear the one about the hen, duck and pig?

What about the snake?

It is important to remember the market will determine what is good or not. Prophesising about the future.......dreaming or ramping? :blaah:

 

[chicken]

What about the snake?

It is important to remember the market will determine what is good or not. Prophesising about the future.......dreaming or ramping? :blaah:

I just love downrampers especially when they have not got a clue what they are talking about....talking on this board will not influense price but people will make an effort to research their stocks more..my recomendation is for BMX why..well take your time and check out www.bemax.com.au and research BMX...you will find there is a hugh amount of upside in this stock and NOW that they have 2 operations going as when you read their webside which is well presented....the company...has a hugh upside as they are dealing in a specialty field...all I can say I bought over 200k in shares and I am convinced that this is a goer..now in the ASX300 and All Ords...Fund managers are switching from Iluka to BMX as the upside is higher than with their present shareholding..MAKE YOUR OWN RESEARCH....but Rich KID knew this one is one day going to fire ,well the day is here now....

 

[Nick Radge]

Here is some for you guys. Its the weekly chart and we need to see how this week closes before having a clear idea. A low close this week means overhanging supply still has the upper hand and that must be cleared before prices can move higher.

http://www.projectstreamer.com/users/reefcap/ASF_BMX/ (Note: The commentary may start before the video. Just wait for the chart to appear, select stop, then play)

FWIW, I cover about 120 stocks per month on daily and weekly time frames using the video style. Extensive volume analysis can give a great insight into what one should expect, especially if you add in your own fundamentals.

Nick

This post may contain advice that has been prepared by Reef Capital Coaching ABN 24 092 309 978 (“RCC”) and is general advice and does not take account of your objectives, financial situation or needs. Before acting on this general advice you should therefore consider the appropriateness of the advice having regard to your situation. We recommend you obtain financial, legal and taxation advice before making any financial investment decision.

Past performance is not a reliable indication of future performance. This material has been prepared based on information believed to be accurate at the time of publication. Subsequent changes in circumstances may occur at any time and may impact the accuracy of the information.

 

[Knobby22]

What about the snake?

It is important to remember the market will determine what is good or not. Prophesising about the future.......dreaming or ramping? :blaah:

How did I forget?
And I agree, it's getting a bit over exuberant on this thread.
All this self congraulations, high emotions and ramping.